trade benefit
Bangladesh-India: Better cooperation to ensure more trade benefits
Bangladesh and India can reap more mutual trade benefits through better collaboration – namely, in the apparel and textile industry – Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan said Thursday.
"There are great opportunities for Bangladesh and India to complement each other in boosting apparel and textile business in both countries," he said.
The BGMEA president made the remarks as Indian High Commissioner to Bangladesh Vikram Kumar Doraiswami paid a courtesy call on the BGMEA leaders at the office of the apparel industry's apex body.
BGMEA Vice-President Shahidullah Azim; directors Asif Ashraf, Md Mohiuddin Rubel, Tanvir Ahmed, and Abdullah Hil Rakib, Indian Deputy High Commissioner to Bangladesh Dr Binoy George, and Commercial Representative of the High Commission Dr Pramyesh Basall were also present at the meeting.
They discussed existing problems in export-import – namely, in ready-made garments (RMG) and textile industry – possible ways to address them, and potential areas of further collaboration between Bangladesh and India to derive mutual trade benefits.
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